Nutbox — a set of decentralized protocols and its external interface. It provides the community with coin-to-stake (SCO) and decentralized app integration (DeFi module, community blog, community management, etc.), and helps it to start with betting.
Contents:
About the Nutbox project
The project is building the Substrate-based Nutbox blockchain. In the future, it will be connected to Polkadot and become a parachain. Nutbox's suite of contracts includes:
- TokenFactory (token creation factory);
- offering coins for staking (offering coins for betting);
- Farming (liquidity farm);
- DutchAuction (redemption at an auction in the Netherlands);
- DApp application launcher (decentralization).
Many functional modules allow any community to issue community tokens in SCO mode, open mining services and develop DeFi and other community application scenarios, based on the betting economy.
Users, participating in SCO, pledge public PoS network assets and receive community tokens, while community funds receive collateral rewards from the public PoS network. By releasing assets through the SCO service, project founders don't even need to create validator nodes on the public PoS chain.
Some features:
| Firstly | Nutbox allows PoS chain community founders to create a standard Staking Coin, offering protocol contract for the distribution of community tokens to Staking Token holders, participating in community staking. |
| Secondly | The community will receive an appropriate staking reward. This provides a new funding model for initiating community projects. |
| Thirdly | In addition, Nutbox provides the ability to customize Staking + DeFi, Farming, Governance and other features for the community in a modular fashion. This allows holders of liquidity staking tokens to participate in decentralized transactions, lending and liquidity mining in their communities. |
Users can trade tToken and cToken in Dex in their community, borrow in Lending in the community and use certificates of tToken and cToken transaction pairs to obtain cToken.
What else should you know?
The site has a separate document, which contains LitePaper and WhitePaper. Thus, you can study the features of the project more thoroughly. Also, the developers maintain a blog, where articles are regularly published.
From social networks, the community leads:
Subscribe and follow the latest news in real time. The smart contract has not been audited.